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The social costs, and the increased tax costs due to addicted gamblers, stay behind

John Warren Kindt

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John Warren Kindt
Costs
Dues
Taxes
Cost
Behinds
Gamblers
Behind
Addicted
Stay
Increased
Social
Gambling

More quotes by John Warren Kindt

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For every slot machine you add, you lose one job per year from the consumer economy
John Warren Kindt
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Lotteries boost state revenues in the short run but don't feed the economy in the long run
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Studies in Australia have verified this drain on the economy by video gambling machines
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Gambling is being subsidized by the taxpayers
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It's lose, lose for the taxpayer
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I would hate to see the state of Wisconsin make another mistake and locate another casino in a high-density population area
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People will spend a tremendous amount of money in casinos, money they normally would spend on refrigerators or a new car. Local businesses will suffer because they'll lose consumer dollars to casinos.
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A study in Illinois in the mid-1990s found that 65 percent of businesses were hurt by the proximity of gambling
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Besides creating more compulsive gamblers, money spent on lotteries isn't spent on other goods such as clothing or computers, which would trickle through to retailers, manufacturers and other parts of the economy
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Your social costs, your costs to the taxpayers, are $3 for every $1 of benefits, it's not good economic development
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27 percent to 55 percent of casino revenues come from problem or pathological gamblers
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State-sponsored gambling produces no product, no new wealth, and so it makes no genuine contribution to economic development
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$60,000 spent in a consumer economy multiplies by respending into $180,000
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It is not economic development it's about taking money out of the consumer economy and shipping it off to Las Vegas
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The casinos are walking out of states with at least $1 billion in their pockets to Las Vegas
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Bankruptcies increase 18 percent to 42 percent above the national average
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Gambling is a catalyst for economic downturn
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An Osage tribal study found that between $41 million to $50 million left a 50-mile radius around their own casino
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When governments legalize and encourage gambling, they are creating addictions among their citizens
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The gambling interests like to point to the construction jobs, but those jobs go away
John Warren Kindt